Arroyo Villa Apartments
1600 Rancho Conejo Blvd,
Thousand Oaks, CA 91320
1-3 Beds | $2,739 - $3,506
Rental Market Trends in Thousand Oaks, CA
What is the average rent in Thousand Oaks, CA?
$2,582/month
Average Rent
793 Sq Ft
Average Apartment Size
-0.8%
Decrease in the Last Year
As of April 2025, the average rent in Thousand Oaks, CA is $2,582 per month. This is 64% higher than the national average rent price of $1,576/month, making Thousand Oaks one of the most expensive cities in the US. When you rent an apartment in Thousand Oaks, you can expect to pay about $2,108 per month for a studio, $2,582 for a one-bedroom apartment, and around $2,981 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,760 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Thousand Oaks, CA?
In the past year, rent has decreased by 0.8%, which averages out to $21 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in Thousand Oaks, CA
Last Updated April 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
10%
$1,501 - $2,000/month
90%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Thousand Oaks?
Based on current rent prices, Downtown Thousand Oaks is the most affordable neighborhood in Thousand Oaks.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Thousand Oaks?
Based on current rent prices, Downtown Thousand Oaks is the most expensive neighborhood in Thousand Oaks.
Neighborhood
Average Rent
Average Sq Ft
Which Thousand Oaks neighborhoods have the most rentals available?
The neighborhood in Thousand Oaks with the most apartments available is Downtown Thousand Oaks .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Thousand Oaks, CA?
Because the average rent in Thousand Oaks is $2,582, you’ll want to make about $8,606 per month or $103,272 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Thousand Oaks, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Thousand Oaks, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$2,953/month
$2,953/month
One Bedroom
$3,467/month
$3,467/month
Two Bedroom
$4,832/month
$4,832/month
Three Bedroom
-
-
Nearby City Rent Trends
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Shapell Properties, Inc.
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Avenue5 Residential
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.